Shachin Real Estates Private Limited
About Shachin Real Estates Private Limited
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Shachin Real Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH1995PTC084876.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Kerman Gustad Master and Dolly Devang Rawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 70 Nagindas Master Roadfort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.6 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Lakh (net margin 53.6%) and EBITDA of ₹2.74 Lakh (EBITDA margin 76.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
As per MCA filings, the company has open charges of ₹380 Cr on record. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48 Lakh; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shachin Real Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address70 Nagindas Master Roadfort, Mumbai, Maharashtra, India – 400023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shachin Real Estates Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Shachin Real Estates Private Limited
FY 2025 filings availableShachin Real Estates Private Limited reported revenue of ₹3.6 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 1% fall in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.74 Lakh | ||||
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| Net Profit (PAT) | ₹1.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 76.1% | ||||
| Net Profit Margin | 53.6% | ||||
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To see the full financial statements and ratios of Shachin Real Estates Private Limited, buy the company report.
Board of directors of Shachin Real Estates Private Limited
Shachin Real Estates has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kerman Gustad Master Also directs: Acreage Farms Private Limited, S C Motors Private Limited, Shapoorji -Aecos Construction Private Limited and 5 more | Director | 28 Apr 2014 | 12 Years 5 Months | Current |
| Dolly Devang Rawal Also directs: Renaissance Commerce Private Limited, Pallonji Shapoorji and Company Private Limited, Gallops Developers Private Limited and 5 more | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Zubin Meherwan Merchant Also directs: Delna Finance and Investments Pvt Ltd, Shapoorji Hotels Private Limited, United Motors (India) Private Limited and 5 more | Director | 30 Jun 2025 | 1 Years 3 Months | Current |
Auditor
Shachin Real Estates Private Limited is audited by PRATAP THAKKER & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATAP THAKKER & CO | FY 2022 | 108142W |
Shareholding
The shareholding of Shachin Real Estates Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shachin Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2023 | 100928101 | Idbi Trusteeship Services Limited | ₹380 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Shachin Real Estates Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48 Lakh; the latest was in March 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji & Company Private Limited & Firoze K Bhathena Seller: Shapoorji Pallonji & Company Private Limited & Khushroo B Captain |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji & Company Private Limited & Khushroo B Captain, Shapoorji Pallonji & Company Private Limited & Roshen Minocher Nentin, Shapoorji Pallonji and Company Private Limited Seller: Sterling Investment Corporation Private Limited & Roshen Minocher Nentin, Sterling Investment Corporation Private Limited & Khushroo Burjor Captain, Sterling Investment Corporation Private Limited |
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: Sterling Investment Corporation Private Limited Seller: Shapoorji Pallonji and Company Private Limited , 2 individuals |
| Mar 2006 | Funding round | ₹13 Lakh | Investors: Sterling Investment Corporation Private Limited , Sterling Investment Corporation Private Limited & Khushroo Burjor Captain, Sterling Investment Corporation Private Limited & Roshen Minocher Nentin |
To see the full deal history of Shachin Real Estates Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shachin Real Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shachin Real Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shachin Real Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shachin Real Estates Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Zubin Meherwan Merchant ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Shachin Real Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 January 1995 (31+ years old) and is registered under CIN U70200MH1995PTC084876.
Shachin Real Estates has 3 current directors:
- Kerman Gustad Master - Director
- Dolly Devang Rawal - Director
- Zubin Meherwan Merchant - Director
The latest financial statements of Shachin Real Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shachin Real Estates is U70200MH1995PTC084876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shachin Real Estates was incorporated on 24 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Shachin Real Estates has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹48 Lakh; the latest was in March 2019.
Zubin Meherwan Merchant ceased to be Additional Director on 29 Sep 2025. Zubin Meherwan Merchant was appointed as Director on 30 Jun 2025. Dolly Devang Rawal ceased to be Additional Director on 29 Sep 2018. Shachin Real Estates has 11 board changes on record in total.
The registered office of Shachin Real Estates is at 70 Nagindas Master Roadfort, Mumbai, Maharashtra, India – 400023.
Shachin Real Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
Shachin Real Estates has open charges of ₹380 Cr and no satisfied charges on record as per latest MCA filings.